ST. LOUIS, Aug. 3 /PRNewswire/ -- Merit Industries, a subsidiary of
Harbour Group, has acquired Games Warehouse, a leading developer, manufacturer
and marketer of coin-operated, video-based entertainment systems, Sam Fox,
Harbour Group's Chairman and Chief Executive Officer, announced today. Terms
of the transaction were not disclosed.
The acquisition, which is based in Nottingham, England, will complement
Harbour Group's other entertainment products companies, including Merit
Industries and Rowe International.
Mr. Fox commented, "Games Warehouse is an outstanding developer and a
market leader. The team has built this business into the leading developer of
multi-game, skill-with-prize games in the United Kingdom by focusing on
superior content development and customer service. The acquisition of Games
Warehouse further demonstrates Harbour Group's commitment to the coin-operated
entertainment industry. This industry remains fragmented, with many companies
serving niche segments of the industry, and we will continue to aggressively
grow our business through complementary acquisitions as we seek to build
greater capabilities for our customers."
Dave Logan, President of Merit, commented, "We are very excited to have
Games Warehouse as part of the expanding Merit family. Games Warehouse is a
market leader and an outstanding game developer. We believe there are
significant opportunities to combine technology and content to bring exciting
new entertainment value to the market."
"We've worked hard to build the company into a premier provider of gaming
content," said Keith Healey, Games Warehouse's Chairman. "Harbour Group and
Merit recognized the value we've built by focusing on developing the highest
quality gaming experiences for our customers. We look forward to the many
opportunities this new relationship creates to further accelerate our already
Harbour Group is a privately owned company based in St. Louis, Mo.
Harbour Group and its operating companies are engaged in the manufacture and
distribution of a wide variety of consumer and industrial products, including
entertainment products, automotive enthusiast products and catalogs,
architectural lighting, lubricating systems and equipment, hearth and chimney
products, auxiliary plastic processing equipment, pre-engineered building
components, and heat exchange equipment.
SOURCE Harbour Group